r/europe • u/paneuropeanism_ Europe • 13h ago

News Von der Leyen: €300 billion in European savings flown overseas every year, primarily to the US, will be invested in Europe from now on. All 27 EU states agreed to establish the S&I Union, a step toward the full Capital Market Union

https://streamable.com/4h43qk
19.5k Upvotes

96% Upvoted

1.3k comments sorted by

View all comments

12

u/eror11 13h ago

If they are gonna keep pushing on companies with taxes and have a massive income tax for workers, the companies will never have a competitive ROI compared to American ones. It's a great step in the right direction, but this won't stop most of that money moving abroad. Especially if they whiff it the same as the 28th regime...

1

u/ver_million Earth 6h ago

Especially if they whiff it the same as the 28th regime...

Oh, so they've already botched that? Classic.

2

u/eror11 3h ago

Read up on it and make your own mind, but in my opinion it didn't solve what I was hoping it would solve.

1

u/ver_million Earth 5h ago

Looks like the latest draft even bans an "EU Inc" from public listing. Great. /s